ACTSA Webinar: JIBAR to ZARONIA – What Issuers Need to Know for a Smooth Transition

The transition from JIBAR to ZARONIA is reshaping the South African bond market, requiring issuers to adapt existing JIBAR note programmes and adopt new ZARONIA note programmes. In this webinar, Bowmans debt capital markets specialist Casper van Heerden will examine the key trends and challenges arising from the shift, outline the legal and practical steps for amending various note structures, and assess the pros and cons of the main transition approaches. He will also share insights on how the market may evolve through 2026, providing practical guidance to help participants navigate this significant change.